this post was submitted on 05 Nov 2024
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Privacy
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Unless you use Monero, it's not private nor safe.
Well there's more to it. For example, you can't create an account with your real name on the shopping website and then pay with Monero. You need good opsec. Though 99.9% of online shopping providers don't accept crypto in the first place.
privacy is when there's a permanent public log of all your transactions
Monero doesn't quite work this way.
no but every other cryptocurrency does
Yes, but even things like Bitcoin or Litecoin are much easier to use privately than bank cards. You can swap from Monero to them if Monero is not accepted, for example. You can buy them without KYC if you know where to look. With a bank card or something like Paypal, you'd need to use a "drop" (a random person to KYC your accounts) if you want anonymity, which is illegal so a normal person wouldn't risk it.
That said, while I use crypto for digital purchases like domains, I would rather use cash for physical ones. Or gift cards if available (where I am, they're almost-nonexistent and the only ones I've seen can only be bought with another bank card).
I think it's the other way around, mister/miss.
While I do use crypto for digital purchases, for physical ones I would much rather pay cash. I either shop in-person or order delivery to the online store's physical office where cash can be paid, which is usually the only delivery method without extra cost anyway. Our big Amazon-like marketplaces only accept prepayment, but pretty much all others with a physical office accept payment on delivery.